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12/05/25
15:46
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Originally posted by substanceonly:
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Thanks KKLL - my understanding is different - please consider and let me know what you think: Assuming rollover relief is available so you are not deemed to have sold your SPR shares. If cost base of 1 SPR share = $0.58 This is reduced by the cash consideration received ($0.25). IE cost base of SPR share is now $0.33 This SPR share converts to 0.6957 RMS shares - so for each RMS share you get they have a cost base of $0.33/.6957 = $0.474 Note: (if original cost base was below 0.25 cents - the difference would be an immediate capital gain and your RMS shares would have a zero cost base.) Also happy to be corrected.
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Looks like I got it wrong ....https://au.andersen.com/scrip-for-scrip-rollover/ thanks to others for clarifying.